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AFSIN.PFD (AmTrust Financial Services) Return-on-Tangible-Equity : -10.42% (As of Sep. 2018)


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What is AmTrust Financial Services Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. AmTrust Financial Services's annualized net income for the quarter that ended in Sep. 2018 was $-271.60 Mil. AmTrust Financial Services's average shareholder tangible equity for the quarter that ended in Sep. 2018 was $2,606.75 Mil. Therefore, AmTrust Financial Services's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2018 was -10.42%.

The historical rank and industry rank for AmTrust Financial Services's Return-on-Tangible-Equity or its related term are showing as below:

AFSIN.PFD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.39   Med: 28.53   Max: 40.06
Current: 7.68

During the past 13 years, AmTrust Financial Services's highest Return-on-Tangible-Equity was 40.06%. The lowest was -19.39%. And the median was 28.53%.

AFSIN.PFD's Return-on-Tangible-Equity is not ranked
in the Insurance industry.
Industry Median: 13.51 vs AFSIN.PFD: 7.68

AmTrust Financial Services Return-on-Tangible-Equity Historical Data

The historical data trend for AmTrust Financial Services's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AmTrust Financial Services Return-on-Tangible-Equity Chart

AmTrust Financial Services Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.70 38.76 27.37 20.81 -16.30

AmTrust Financial Services Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -28.11 -45.47 106.19 -14.45 -10.42

Competitive Comparison of AmTrust Financial Services's Return-on-Tangible-Equity

For the Insurance - Property & Casualty subindustry, AmTrust Financial Services's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AmTrust Financial Services's Return-on-Tangible-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, AmTrust Financial Services's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where AmTrust Financial Services's Return-on-Tangible-Equity falls into.



AmTrust Financial Services Return-on-Tangible-Equity Calculation

AmTrust Financial Services's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=-348.889/( (2025.978+2256.088 )/ 2 )
=-348.889/2141.033
=-16.30 %

AmTrust Financial Services's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=-271.6/( (2663.5+2550)/ 2 )
=-271.6/2606.75
=-10.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


AmTrust Financial Services  (OTCPK:AFSIN.PFD) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


AmTrust Financial Services Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of AmTrust Financial Services's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


AmTrust Financial Services Business Description

Address
59 Maiden Lane, 43rd Floor, New York, NY, USA, 10038
AmTrust Financial Services Inc is a multinational company that underwrites and provides property and casualty insurance products. The company specializes in coverage for small to mid-sized businesses, with a philosophical focus on niche diversity and low-hazard risk. AmTrust's business model strives to achieve its profit goals through geographic and product diversification. The company reports three business segments: Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program. The vast majority of revenues is derived from its Small Commercial Business risk.

AmTrust Financial Services Headlines